Tag: Business
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Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14
BRUSSELS, June 10 : Paramount Skydance Corp’s $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing.The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which
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Trump Media and TAE Technologies will not spin off Truth Social
June 10 : Trump Media and Technology and TAE Technologies said on Wednesday they have decided to not spin off Truth Social and certain other TMTG media assets into a new publicly listed company. Founded by U.S. President Donald Trump and known for its Truth Social platform aimed at conservative audiences, TMT
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UK regulator warns online platforms of rising risks after Belfast attack
LONDON, June 10 : Britain’s media regulator Ofcom on Wednesday warned online platforms of possible legal consequences if their services are used to incite violence and spread hatred linked to recent civil unrest in Belfast, following a knife attack in the city.Ofcom said it had told the online providers in a
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AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
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U.S. strikes Iran, SpaceX’s unique IPO, Kalshi’s insider trading fight and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: Super Micro Computer, Cracker Barrel, Nike and more
These are the stocks posting the largest moves in the premarket.
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Meta deepens partnership with Ambani’s Reliance with AI data centre
June 10 : Meta Platforms will lease an AI-ready data centre to be built by billionaire Mukesh Ambani’s Reliance Industries, the U.S. tech major said on Wednesday, deepening ties with the Indian conglomerate. The deal comes at a time when India has seen a surge in hyperscale data centre builds led by U.S. clou
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LinkedIn launches new effort in push to capture business advertisers
June 10 : LinkedIn is aiming to burnish its position as a go-to platform for business advertisers with a new team of marketing experts that it expects to generate an annualized run rate of $100 million next fiscal year, a source familiar with the matter said. The Microsoft-owned platform on Wednesday unveiled
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Thomson Reuters faces shareholder vote over ICE contracts
June 10 : Content and technology company Thomson Reuters faces a shareholder vote at its annual meeting on Wednesday over its U.S. government contracts for services that some investors and employees say may help power the Trump administration’s crackdown on undocumented immigrants.The resolution, filed by a
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Wall St futures slip as tech losses mount ahead of key inflation data
June 10 : U.S. stock index futures fell on Wednesday as technology stocks extended losses, while renewed tensions between the U.S. and Iran weighed on sentiment ahead of a key inflation report.Volatility has picked up across stock markets in recent days, as investors contend with a widening array of risks, in
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